Recently, Actions Star Technology parent company Dayang Intelligent Technology (Beijing) Co., Ltd. announced the completion of a new round of financing of 100 million yuan. This round of financing will be used to build 50,000 production-level intelligent robot production bases, further improve the solution capabilities of AMR robot hardware and software around smart logistics, smart factories, commercial cleaning and other scenarios, and accelerate the global layout of the business.

This round of financing is jointly invested by Anhui Province Industrial transformation and Upgrading Fund and Tongling State Holding and Tongling Dajiang Company, which is also the first time Torch Star Technology has introduced state-owned capital. Well-known investment institutions relay to increase their holdings and the admission of state-owned assets, indicating that the capital and policy end of the Torch technology and technological advantages, research and development capabilities and commercialization progress of the affirmation and confidence.

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Anhui Province Industrial transformation and upgrading fund believes that Torch Star Technology is a leading enterprise in the field of AMR autonomous mobile robots in China, and has independent intellectual property rights in hardware and software. Anhui Province industrial transformation and upgrading fund investment in Torch star technology will help enterprises to further consolidate hardware capabilities, expand the East China market, Torch Star technology and upstream and downstream enterprises gathering and growth will also contribute to the construction of Anhui “three places and one region”.

Tongling State Control believes that Torch Star Technology has an excellent technical and management team, a strong atmosphere of innovation, a wide range of product application scenarios, and broad market prospects. It is hoped that through the investment in Torch Technology, Tongling’s industrial transformation and upgrading will be helped to build a national innovative city.

Tongling Dajiang Company said that after this round of investment, Tongling Dajiang will continue to be a good host and do a good job in promoting the early landing of projects, early production and early listing.